Onex Corporation INFORMATION BY INDUSTRY SEGMENT FOR THE YEAR ENDED DECEMBER 31, 2012---------------------------------------------------------------------------- Electronics Manufacturing Insurance Services Aerostructures Healthcare Provider----------------------------------------------------------------------------Revenues $ 6,507 $ 5,404 $ 4,947 $ 1,205Cost of sales (excluding amortization of property, plant and equipment, intangible assets and deferred charges) (5,988) (5,038) (3,401) (621)Operating expenses (226) (202) (885) (402)Interest income 1 - 3 -Amortization of property, plant and equipment (70) (130) (128) (4)Amortization of intangible assets and deferred charges (11) (29) (160) (15)Interest expense of operating companies (5) (83) (191) (5)Increase in value of investments in joint ventures and associates at fair value, net - - - -Stock-based compensation expense (36) (16) (11) (2)Other gains - - - -Other items (42) 150 (42) 11Impairment of goodwill, intangible assets and long-lived assets (18) (2) (17) (4)Limited Partners' Interests charge - - - -----------------------------------------------------------------------------Earnings (loss) before income taxes 112 54 115 163Recovery of (provision for) income taxes 6 8 (44) (54)----------------------------------------------------------------------------Net earnings (loss) for the year $ 118 $ 62 $ 71 $ 109----------------------------------------------------------------------------Total assets $ 2,659 $ 5,371 $ 3,971 $ 4,903----------------------------------------------------------------------------Long-term debt(b) $ 55 $ 1,133 $ 2,540 $ 258----------------------------------------------------------------------------Property, plant and equipment additions $ 98 $ 225 $ 120 $ 4----------------------------------------------------------------------------Intangible assets with indefinite life $ - $ - $ 256 $ 16----------------------------------------------------------------------------Goodwill additions from acquisitions $ 26 $ - $ 23 $ -----------------------------------------------------------------------------Goodwill $ 60 $ 3 $ 852 $ 304--------------------------------------------------------------------------------------------------------------------------------------------------------Net earnings (loss) attributable to:Equity holders of Onex Corporation $ 13 $ 10 $ 18 $ 62Non-controlling interests 105 52 53 47----------------------------------------------------------------------------Net earnings (loss) for the year $ 118 $ 62 $ 71 $ 109-------------------------------------------------------------------------------------------------------------------------------------------------------- Customer Care Metal Building Consolidated Services Services Products Other(a) Total----------------------------------------------------------------------------Revenues $ 1,429 $ 2,526 $ 3,168 $ 2,257 $ 27,443Cost of sales (excluding amortization of property, plant and equipment, intangible assets and deferred charges) (920) (2,316) (2,556) (1,378) (22,218)Operating expenses (368) (64) (448) (718) (3,313)Interest income 1 - 3 52 60Amortization of property, plant and equipment (29) (57) (101) (76) (595)Amortization of intangible assets and deferred charges (25) (12) (19) (59) (330)Interest expense of operating companies (100) (39) (63) (67) (553)Increase in value of investments in joint ventures and associates at fair value, net - - - 863 863Stock-based compensation expense (1) (2) (17) (156) (241)Other gains - - - 59 59Other items (4) 1 (33) (86) (45)Impairment of goodwill, intangible assets and long-lived assets - - (7) (17) (65)Limited Partners' Interests charge - - - (929) (929)----------------------------------------------------------------------------Earnings (loss) before income taxes (17) 37 (73) (255) 136Recovery of (provision for) income taxes (3) (11) 12 (11) (97)----------------------------------------------------------------------------Net earnings (loss) for the year $ (20) $ 26 $ (61) $ (266) $ 39----------------------------------------------------------------------------Total assets $ 632 $ 989 $ 2,626 $ 15,151 $ 36,302----------------------------------------------------------------------------Long-term debt(b) $ 725 $ 306 $ 547 $ 4,906 $ 10,470----------------------------------------------------------------------------Property, plant and equipment additions $ 23 $ 115 $ 91 $ 81 $ 757----------------------------------------------------------------------------Intangible assets with indefinite life $ 36 $ - $ 259 $ 548 $ 1,115----------------------------------------------------------------------------Goodwill additions from acquisitions $ - $ - $ - $ 1,983 $ 2,032----------------------------------------------------------------------------Goodwill $ 118 $ 240 $ 113 $ 2,668 $ 4,358---------------------------------------------------------------------------- `----------------------------------------------------------------------------Net earnings (loss) attributable to:Equity holders of Onex Corporation $ (14) $ 15 $ (43) $ (182) $ (121)Non-controlling interests (6) 11 (18) (84) 160----------------------------------------------------------------------------Net earnings (loss) for the year $ (20) $ 26 $ (61) $ (266) $ 39----------------------------------------------------------------------------(a) Includes Tropicana Las Vegas, SGS International, USI, KraussMaffei, ONCAP II, ONCAP III, Flushing Town Center, OCP CLO-1, OCP CLO-2 and the parent company. Investments in joint ventures and associates recorded at fair value include Allison Transmission, BBAM, Hawker Beechcraft, RSI, Tomkins, Cypress and certain Onex Real Estate investments.(b) Long-term debt includes current portion, excludes finance leases and is net of financing charges. Onex Corporation INFORMATION BY INDUSTRY SEGMENT FOR THE YEAR ENDED DECEMBER 31, 2011---------------------------------------------------------------------------- Electronics Manufacturing Insurance Services Aerostructures Healthcare Provider----------------------------------------------------------------------------Revenues $ 7,213 $ 4,864 $ 5,030 $ 1,184Cost of sales (excluding amortization of property, plant and equipment, intangible assets and deferred charges) (6,645) (4,124) (3,446) (579)Operating expenses (234) (178) (918) (432)Interest income 1 - 4 -Amortization of property, plant and equipment (64) (107) (126) (5)Amortization of intangible assets and deferred charges (14) (41) (168) (18)Interest expense of operating companies (6) (77) (221) (4)Increase in value of investments in joint ventures and associates at fair value, net - - - -Stock-based compensation expense (44) (14) (9) -Other items (8) 1 (42) 9Impairment of goodwill, intangible assets andlong-lived assets, net - - (129) (40)Limited Partners' Interests charge - - - -----------------------------------------------------------------------------Earnings (loss) before income taxes and discontinued operations 199 324 (25) 115Recovery of (provision for) income taxes (4) (100) (87) (55)----------------------------------------------------------------------------Earnings (loss) from continuing operations 195 224 (112) 60Earnings from discontinued operations(b) - - 606 -----------------------------------------------------------------------------Net earnings (loss) for the year $ 195 $ 224 $ 494 $ 60----------------------------------------------------------------------------Total assets $ 2,970 $ 4,978 $ 4,194 $ 4,808----------------------------------------------------------------------------Long-term debt(c) $ - $ 1,157 $ 2,670 $ 203----------------------------------------------------------------------------Property, plant and equipment additions $ 60 $ 275 $ 96 $ 3----------------------------------------------------------------------------Intangible assets with indefinite life $ - $ - $ 258 $ 16----------------------------------------------------------------------------Goodwill additions from acquisitions $ 34 $ - $ 41 $ -----------------------------------------------------------------------------Goodwill $ 48 $ 3 $ 911 $ 304--------------------------------------------------------------------------------------------------------------------------------------------------------Net earnings (loss) attributable to:Equity holders of Onex Corporation $ 17 $ 35 $ 512 $ 58Non-controlling interests 178 189 (18) 2----------------------------------------------------------------------------Net earnings (loss) for the year $ 195 $ 224 $ 494 $ 60-------------------------------------------------------------------------------------------------------------------------------------------------------- Customer Care Metal Building Consolidated Services Services Products Other(a) Total----------------------------------------------------------------------------Revenues $ 1,416 $ 2,661 $ 774 $ 1,500 $ 24,642Cost of sales (excluding amortization of property, plant and equipment, intangible assets and deferred charges) (921) (2,467) (660) (883) (19,725)Operating expenses (377) (59) (118) (608) (2,924)Interest income - - 1 26 32Amortization of property, plant and equipment (34) (47) (25) (54) (462)Amortization of intangible assets and deferred charges (28) (13) (5) (24) (311)Interest expense of operating companies (85) (34) (17) (44) (488)Increase in value of investments in joint ventures and associates at fair value, net - - - 501 501Stock-based compensation expense - (2) - (64) (133)Other items (20) 1 (19) (82) (160)Impairment of goodwill, intangible assets andlong-lived assets, net - - (22) (6) (197)Limited Partners' Interests charge - - - (627) (627)----------------------------------------------------------------------------Earnings (loss) before income taxes and discontinued operations (49) 40 (91) (365) 148Recovery of (provision for) income taxes (9) (16) 2 33 (236)----------------------------------------------------------------------------Earnings (loss) from continuing operations (58) 24 (89) (332) (88)Earnings from discontinued operations(b) - - - 1,109 1,715----------------------------------------------------------------------------Net earnings (loss) for the year $ (58) $ 24 $ (89) $ 777 $ 1,627----------------------------------------------------------------------------Total assets $ 631 $ 1,045 $ 2,581 $ 8,170 $ 29,377----------------------------------------------------------------------------Long-term debt(c) $ 652 $ 377 $ 481 $ 1,421 $ 6,961----------------------------------------------------------------------------Property, plant and equipment additions $ 32 $ 75 $ 13 $ 120 $ 674----------------------------------------------------------------------------Intangible assets with indefinite life $ 36 $ - $ 257 $ 376 $ 943----------------------------------------------------------------------------Goodwill additions from acquisitions $ - $ - $ 119 $ 278 $ 472----------------------------------------------------------------------------Goodwill $ 118 $ 239 $ 120 $ 691 $ 2,434---------------------------------------------------------------------------- `----------------------------------------------------------------------------Net earnings (loss) attributable to:Equity holders of Onex Corporation $ (39) $ 17 $ (60) $ 786 $ 1,326Non-controlling interests (19) 7 (29) (9) 301----------------------------------------------------------------------------Net earnings (loss) for the year $ (58) $ 24 $ (89) $ 777 $ 1,627----------------------------------------------------------------------------(a) Includes Tropicana Las Vegas, ONCAP II, ONCAP III, Flushing Town Center and the parent company. Investments in joint ventures and associates recorded at fair value include Allison Transmission, Hawker Beechcraft, RSI, Tomkins, Cypress and certain Onex Real Estate investments.(b) Discontinued operations includes EMSC in the Healthcare segment (sold in May 2011) and Husky in the Other segment (sold in June 2011).(c) Long-term debt includes current portion, excludes finance leases and is net of financing charges.
Contacts:
Onex Corporation
Emma Thompson
Vice President, Investor Relations
416.362.7711
www.onex.com
